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Compliance Specialist

The Compliance Specialist works to ensure that CHA adheres to all relevant federal, state, and local regulations that impact internal and external obligations. This position will focus on maintaining compliance with guidelines for affordable housing programs, including Low-Income Housing Tax Credit (LIHTC), Section 8, HOME, Public Housing, RAD PBV assisted housing programs. The specialist will monitor housing operations, review tenant and program files, and ensure all necessary reports and documentation are accurate, and that they inform decisions around compliance initiatives, broad scale.

DUTIES AND RESPONSIBILITIES

  • Proactively work with CHA Property Office to identify actual or potential compliance issues at existing CHA properties. 
  • Stay updated on changes in regulations and guidelines affecting affordable housing and ensure that policies reflect those changes.
  • Conduct internal inspections and audits of affordable housing properties to assess compliance with safety, quality, and program standards.
  • Maintain thorough and organized records of compliance activities, audits, inspections, and any issues or corrective actions taken.
  • Serve as a resource for staff questions related to affordable housing regulations, tenant eligibility, income verification, and other compliance matters.
  • Evaluate the effectiveness of compliance procedures and recommend improvements as needed.
  • Assist with compliance-related performance reviews and assessments of housing programs.
  • Other duties as assigned.

QUALIFICATIONS

Bachelor’s degree in Business Administration, Public Administration, Real Estate, or a related field preferred. Certification in affordable housing compliance (e.g., Housing Credit Certified Professional (HCCP), Public Housing Manager (PHM), or equivalent) is a plus. Minimum 2-4 years of experience in affordable housing compliance, public housing, with a strong understanding of federal, state, and local affordable housing programs. Experience with HUD programs (e.g., Section 8, LIHTC) and tax credit compliance preferred. Strong knowledge of affordable housing regulations, policies, and industry standards. Excellent organizational, communication, and interpersonal skills. Proficiency in Microsoft Office Suite (Word, Excel, Outlook) and housing management software (e.g., Yardi). Strong attention to detail and ability to manage multiple tasks and deadlines. Strong ethical standards and commitment to maintaining confidentiality. Ability to work independently and collaborate effectively within a team environment. Detail-oriented and proactive in identifying and solving problems.

Salary Range: $75,000-$80,000

Grade: S7

FLSA: Exempt

Union: None

Average salary estimate

$77500 / YEARLY (est.)
min
max
$75000K
$80000K

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What You Should Know About Compliance Specialist, CHA Careers

Join CHA as a Compliance Specialist in the vibrant city of Chicago, Illinois, where you will play a vital role in ensuring that we uphold all relevant federal, state, and local regulations within our affordable housing programs. This dynamic position requires you to stay proactive by collaborating closely with the CHA Property Office, identifying both actual and potential compliance issues across various properties. You’ll immerse yourself in monitoring housing operations, reviewing tenant and program files, and ensuring accuracy in reports and documentation that support our compliance goals. With a focus on programs like the Low-Income Housing Tax Credit (LIHTC) and Section 8, your expertise will guide our compliance initiatives, facilitating meaningful improvements. You'll conduct inspections and audits, providing invaluable insight into safety, quality, and program standards, all while remaining organized and thorough in your record-keeping. Furthermore, you'll be the go-to resource for staff regarding questions on regulations, income verification, and tenant eligibility. As a Compliance Specialist at CHA, you will help shape the landscape of affordable housing through your knowledge and commitment to compliance, ensuring we're at the forefront of industry standards and policies. Bring your 2-4 years of experience in affordable housing compliance and your strong attention to detail to this impactful role, where every day offers a chance to make a difference in our community!

Frequently Asked Questions (FAQs) for Compliance Specialist Role at CHA Careers
What does a Compliance Specialist at CHA do?

A Compliance Specialist at CHA primarily ensures that the organization adheres to all relevant federal, state, and local regulations concerning affordable housing programs. This includes monitoring housing operations, reviewing tenant files, conducting audits, and staying up-to-date with regulatory changes to inform compliance initiatives effectively.

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What qualifications are needed for the Compliance Specialist position at CHA?

To be considered for the Compliance Specialist position at CHA, candidates typically need a Bachelor’s degree in fields related to Business Administration, Public Administration, or Real Estate. Additionally, certification in affordable housing compliance, along with 2-4 years of relevant experience, is highly beneficial.

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What experience is beneficial for a Compliance Specialist at CHA?

Having a background in affordable housing compliance, particularly with federal programs like Section 8 and LIHTC, is crucial for a Compliance Specialist at CHA. Candidates should possess strong organizational and communication skills, along with proficiency in housing management software like Yardi.

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What are the key responsibilities of a Compliance Specialist at CHA?

Key responsibilities of a Compliance Specialist at CHA include conducting internal audits, evaluating compliance procedures, maintaining organized records, serving as a resource for staff inquiries, and recommending improvements to compliance processes within affordable housing programs.

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How does a Compliance Specialist contribute to CHA's mission?

A Compliance Specialist contributes to CHA's mission by ensuring that the organization maintains high compliance standards within affordable housing programs, effectively monitoring operations, and supporting both tenants and staff with regulatory adherence, ultimately fostering a safe and equitable housing environment.

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Common Interview Questions for Compliance Specialist
What inspired you to pursue a career as a Compliance Specialist?

When answering this question, express your passion for affordable housing and regulatory compliance. Highlight experiences that have motivated you, such as assisting communities or understanding how compliance affects different stakeholders. This shows your commitment to the role.

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Can you explain your experience with HUD programs like LIHTC and Section 8?

Be prepared to discuss specific projects or roles where you've worked with HUD programs. This could involve detailing your responsibilities, compliance challenges you faced, and how you ensured adherence to program guidelines successfully.

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How do you stay informed about changes in regulations affecting affordable housing?

Demonstrate your commitment to continuous learning. Share resources you use—such as industry publications, webinars, and professional networks—and mention any relevant organizations you follow for updated information on regulations.

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Describe a time you identified a compliance issue and how you resolved it.

Provide a concrete example where you noticed a compliance issue, detailing the steps you took to investigate and resolve it. Emphasize your problem-solving skills and the positive outcome that resulted from your actions.

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What strategies do you use to manage multiple tasks and deadlines?

Discuss your time management skills by explaining how you prioritize tasks. Mention specific tools or techniques you use to stay organized, such as to-do lists or project management software, and how they help you succeed in your role.

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How do you approach conducting audits of housing properties?

Talk about your methodical approach to audits. Mention the importance of being thorough, focusing on safety and quality standards, and how you engage with property management to gather necessary information. It's also good to highlight any specific criteria you assess during these audits.

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What role does communication play in the position of a Compliance Specialist?

Stress the significance of clear communication. Explain how you ensure that both internal teams and external partners understand compliance requirements, and share examples of how good communication has resolved issues or enhanced compliance understanding.

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What certifications do you hold relevant to affordable housing compliance?

Discuss any industry certifications you possess, such as Housing Credit Certified Professional (HCCP) or Public Housing Manager (PHM), and relate them to your practical experience. Highlight how these credentials enhance your qualifications for the Compliance Specialist position.

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How do you handle conflicts that arise from compliance issues?

Demonstrate your conflict resolution skills by explaining how you maintain an ethical stand while addressing issues. Discuss techniques like active listening, facilitating discussions, and striving for win-win outcomes, focusing on preserving teamwork and compliance integrity.

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Why do you believe compliance is important in affordable housing?

Affirm the critical role compliance plays in protecting vulnerable populations and ensuring equitable access to housing. Emphasize how compliance fosters trust in the housing system and supports regulations that safeguard tenants while ensuring that organizations meet their responsibilities.

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EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
April 11, 2025

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